B of A Securities Rates Federal Realty Investment Trust (FRT) buy

B of A Securities recently reiterated its buy rating on Federal Realty Investment Trust (NYSE:FRT), setting a price target of $131. This report was issued on June 29, 2026, by analyst Jeffrey Spector. On Monday, shares of Federal Realty traded around $125.08.

Other Institutional Activity in Federal Realty Investment Trust

In recent activity, Vanguard Portfolio Management LLC initiated a new position in Federal Realty, acquiring 7,283,403 shares valued at roughly $773.57 million. Meanwhile, BlackRock, Inc. slightly reduced its holdings by 33,674 shares, ending with 8,642,048 shares worth about $917.87 million. State Street Corp also trimmed its stake by 185,861 shares to 6,378,740 shares, valued at approximately $677.49 million. Resolution Capital Ltd increased its holdings by 340,524 shares, now owning 3,644,575 shares valued at $387.09 million.

Federal Realty Investment Trust Stock Up 11.3%

Federal Realty Investment Trust, trading under the ticker FRT on the NYSE, has a market capitalization of approximately $10.81 billion. The company maintains a P/E ratio of 21.68 and a forward P/E of 40.29. Its beta is 0.94, indicating slightly lower volatility compared to the market. The stock's 52-week range is between $89.99 and $126.41, with a 50-day moving average of $117.71 and a 200-day moving average of $105.73.

Recent Earnings

Federal Realty reported revenue of about $1.31 billion, reflecting a growth rate of 10.3%. The company's net margin stands at 38.57%, with a return on equity of 14.78%. The next earnings report is scheduled for July 31, 2026.

Dividend

Federal Realty pays an annual dividend of $4.52 per share, yielding 3.61%. The dividend payout ratio is 77.82%, indicating a substantial portion of earnings returned to shareholders.

Insider Buying and Selling at Federal Realty Investment Trust

On June 3, 2026, CEO Donald Wood and another insider, Thomas McEachin, both engaged in buying and selling transactions. Wood bought and sold 37,038 shares, while McEachin transacted 1,339 shares. Earlier, on February 12, 2026, Wood sold 28,211 shares at an average price of $104.75, and CFO Daniel Guglielmone sold 4,438 shares at the same price.

Analysts Set New Price Targets

On June 29, 2026, B of A Securities maintained its buy rating on Federal Realty with a price target of $131. Other firms have also weighed in recently; on June 8, Truist Securities maintained a hold rating with a $118 target, while Mizuho upgraded the stock to buy with a $130 target on June 1. The consensus among 19 analysts is a buy rating, with an average target price of $125.78.

About Federal Realty Investment Trust

Federal Realty Investment Trust is a real estate investment trust (REIT) specializing in retail-based properties. Headquartered in North Bethesda, Maryland, the company focuses on owning and redeveloping high-quality retail spaces, primarily in major coastal markets. Led by CEO Donald C. Wood, CPA, Federal Realty aims to deliver sustainable growth by investing in areas where retail demand exceeds supply. It operates a portfolio of 104 properties with approximately 3,800 tenants and 2,500 residential units.

Bottom Line

Federal Realty Investment Trust remains a key player in the retail REIT sector, with a strong buy rating from B of A Securities and a solid dividend yield. Institutional investors like Vanguard are taking notice, reflecting confidence in the company's strategy and market position. As always, remember that analyst ratings are based on historical data and may not reflect current market conditions.